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athenahealth Inc (NAS:ATHN)
Days Payable
12.29 (As of Sep. 2016)

athenahealth Inc's payable for the three months ended in Sep. 2016 was $14 Mil. athenahealth Inc's cost of goods sold for the three months ended in Sep. 2016 was $103 Mil. Hence, athenahealth Inc's days payable for the three months ended in Sep. 2016 was 12.29.

ATHN' s Days Payable Range Over the Past 10 Years
Min: 2.11   Max: 18.78
Current: 12.38

2.11
18.78

During the past 13 years, athenahealth Inc's highest Days Payable was 18.78. The lowest was 2.11. And the median was 8.49.

ATHN's Days Payable is ranked lower than
85% of the 1319 Companies
in the Global Health Information Services industry.

( Industry Median: 43.61 vs. ATHN: 12.38 )

athenahealth Inc's days payable declined from Sep. 2015 (13.68) to Sep. 2016 (12.29). It may suggest that athenahealth Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

athenahealth Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.768/366.559*365
=10.72

athenahealth Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=13.903/103.238*365 / 4
=12.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

athenahealth Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 11.298.294.898.682.1118.783.796.0111.3510.72

athenahealth Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 11.0111.9711.2610.7712.5713.6810.105.163.5912.29
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